Ramsey Quantitative Systems Makes New $1.61 Million Investment in iShares National Muni Bond ETF $MUB

Ramsey Quantitative Systems bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,000 shares of the exchange traded fund’s stock, valued at approximately $1,614,000. iShares National Muni Bond ETF makes up about 1.4% of Ramsey Quantitative Systems’ holdings, making the stock its 3rd largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Karpus Management Inc. purchased a new position in iShares National Muni Bond ETF in the 4th quarter worth approximately $25,000. MBM Wealth Consultants LLC purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $26,000. IMG Wealth Management Inc. boosted its stake in iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 107 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth $26,000. Finally, Dunhill Financial LLC increased its holdings in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of NYSEARCA:MUB opened at $105.93 on Wednesday. iShares National Muni Bond ETF has a 1 year low of $103.83 and a 1 year high of $109.00. The stock’s fifty day moving average price is $106.70 and its 200-day moving average price is $107.02.

iShares National Muni Bond ETF Company Profile

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.